Yep - in response to lots of good news in the world of EV's and cobalt I think:
China's new target announced for 20% of vehicle fleet, or 7million EV's sold per year by 2025 - from just 400,000 last year! This blows away recent Bloomburg estimates for number of EV's sold in the entire world in 2025.
China allowing subsidies for EV buses containing ternary materials (cobalt cathodes NMC and NCA)
Action in the Lithium Junior market with Li prices back on the rise and new off-takes and finance deals with Chinese battery makers getting the market excited again.
But Mt Thirsty is still essentially unknown and so as a result BAR and CNJ are bargains: big and shallow and soft resource/great infrastructure/possibly lowest capex junior so easy to develop.
Once Mt Thirsty is relaunched with new costings we'll see some really exciting action.
Charts showing Li and Co stocks down across the board in Feb/Mar/April. Thoughts?, page-5
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